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Silver Elephant's Paca North Discovery Drills 27 Meters of 159 g/t Silver from Near-Surface Oxides Including 1.5 Meters of 565 g/t Silver in Bolivia
VANCOUVER, BC / ACCESSWIRE / March 29, 2022 / Silver Elephant Mining Corp. ("Silver Elephant"...
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[{"type":"text","content":"Silver Elephant's Paca North Discovery Drills 27 Meters of 159 g/t Silver from Near-Surface Oxides Including 1.5 Meters of 565 g/t Silver in BoliviaVANCOUVER, BC / ACCESSWIRE / March 29, 2022 / Silver Elephant Mining Corp. (\"Silver Elephant\" or \"the Company\") (TSX:ELEF)(OTCQX:SILEF)(Frankfurt:1P2N) announces diamond drilling results from the Paca deposit (\"Paca\") within its 100%-controlled Pulacayo silver project (\"Pulacayo\") in the Potosi department of Bolivia. A total of 8 holes were drilled at Paca, totaling 1,717 meters. PND 119, 120, 121 & 122 were drilled to test induced polarization (\"IP\") geophysical anomalies located to the east of the current Paca resource. PND 123, 124, 125 & 126 were drilled to test potential northern extension of the Paca resource.The results are summarized in the following table:Paca East DiscoveryHole IDFromToWidth (m)Ag (g/t)Pb %Zn %AgEq (g/t)PND119360.0399.039.050.400.4937incl…377.0379.02.0311.141.15112PND12039.075.036.0120.080.5133incl…68.075.07.0140.210.9456PND120184.0187.03.0282.180.64126PND120280.0284.04.060.520.6046PND12150.068.018.020.650.8156incl…57.059.02.011.252.64147PND12175.079.04.0560.160.1260PND12234.056.022.010.560.4638Paca North Oxide DiscoveryHole IDFromToWidth (m)Ag (g/t)Pb %Zn %AgEq (g/t)PND1233.030.027.01590.280.05154incl…7.59.01.55650.300.08518PND12337.545.07.5680.110.0767PND1240.028.528.5220.420.7363incl…15.027.012.0210.541.2988PND1250.018.818.8330.200.5256incl…10.415.45.0800.401.13130PND1260.031.031.0310.220.0939incl…29.031.02.0780.270.0882Note: Reported widths are intercepted core lengths and not true widths, as relationships with intercepted structures and contacts vary. Based on core-angle measurements, true widths range from 75% to 85% of the reported core length. Please see note on AgEq calculation in preceding paragraphs. Sulphide zone metal recoveries of 89.2% for Ag, 91.9% for Pb, and 82.9% for Zn were used in the Silver Equivalent (Recovered) equation and reflect metallurgical testing results disclosed previously for the Pulacayo Deposit. Silver equivalents are noted where \"AgEq\"=Silver Equivalent (Recovered) and is equal to (Ag g/t*89.2%)+((Pb%*(US$0.95/lb. Pb/14.583 Troy oz./lb./US$17 per Troy oz. Ag)*(10,000*91.9%))+((Zn%*(US$1.16/lb. Zn/14.583 Troy oz./lb./US$17 per Troy oz. Ag)*(10,000*82.9%)...